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Friday 18 December 1998 01:02 GMT

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US STOCKS rose as unexpectedly good earnings news pulled investors' attention away from the US-led attack on Iraq and impeachment proceedings against President Bill Clinton.

Financial and computer-related shares led the gains after Chase Manhattan Corp gave an optimistic profit outlook and Adobe Systems Inc said earnings beat estimates. The Dow Jones rose 85.22, or 1 per cent, to 8,875.82. The Standard & Poor's 500 index climbed 18.02 to 1179.96.

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